I high functioning short term rental in the heart of San Antonio!

It's not for the feint of heart though. 

This gives Fayetteville a boost during down turns. 

Call me cold hearted, but banks are cold hearted too.

No bank is hungry for this type of business, going for it would boost business by at most a fraction of 0.1%, which the approximate percentage of people out there who a) sold via this method and b) don't otherwise already have trashed credit.

You have several dynamics going on that aren't for the faint of heart: expense limitation and proration under IRC Sec 280A, and unique tax treatment under the passive activity loss rules and general depreciation system to name a few.

In the short term (a few months) maybe but, not for the long term.IF you own the property outright then that's a very good way to create passive income and boost your buying power.

This is not for the faint of heart and is more speculation then anything. 

Your breaking my heart...we were buying like crazy when conv. rates were running 18-19% & a personal loan was cheaper than a mortgage.

Purchase price: $405,000 Cash invested: $100,000 A triple decker near the heart of Newport. 9 bedrooms and 5 bathrooms.